Carbon Removal Newsroom

Panelists Susan Su of TOBA Capital and Na’im Merchant, author of the Carbon Curve, join host Radhika Moolgavkar of Nori for this business-focused episode of Carbon Removal Newsroom. Na’im recently published a piece titled “8 Unique Direct Air Capture Companies to Watch in 2022” where he wrote, “2030 is a critical decade for DAC in which companies, researchers, and policymakers working on DAC to figure out how to do three things— 1. improve DAC’s performance, 2. bring down costs, and 3. responsibly deploy the technology.” Three well-known ‘incumbents’ have been working on DAC since 2009, and they all had big developments in 2021: Climeworks, Carbon Engineering, and Global Thermostat. However, the scale of the problem will require many more companies to capture billions of tons of CO2 annually, globally. There are many new entrants into the DAC space, but there is limited public information on many of them. Most of these startups are attempting novel technological approaches distinct from existing deployments.